<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30,
2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: Straus Capital Management, L.L.C.
Address: 605 Third Avenue
New York, New York 10158
Form 13F File Number: 028-04115
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Mickey Straus
Title: Managing Member
Phone: (212) 363-2005
Signature, Place, and Date of Signing:
/s/ Mickey Straus New York, New York 11/10/00
____________________ ___________________ _________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of
this reporting manager are reported in this report.)
<PAGE>
[ ] 13F NOTICE. (Check here if no holdings reported are in
this report, and all holdings are reported by other
reporting manger(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)
List of Other Managers Reporting for this Manager: NONE
2
<PAGE>
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 161
Form 13F Information Table Value Total: $367,890,572
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
NONE
3
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<TABLE>
Strauss Asset Management
FORM 13F
As of 09/29/2000
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ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
------ ------ ------ ------ ------ ------ ------ ------
FAIR
TITLE CUSIP MARKET SHRS OR INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER OF CLASS NUMBER VALUE PRN AMT SH/PRN PUT/CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- -------- ------ ------ ------- ------ -------- ----------- -------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
AMR Corp/Del COMMON 001765106 1,981,375 60,500 X 1 60,500
Advantage Learning
Sys Inc COMMON 00757KI00 876,563 25,000 X 1 25,000
Advanced Micro
Devices OPTION 0079039VF 190,625 250 X 1 250
Put Oct 30.00
Alteon Websystems
Inc COMMON 02145AI09 1,896,836 17,500 X 1 17,500
America Online
Inc COMMON 02364JI04 4,626,983 86,083 X 1 86,083
America West Hldg
Corp COMMON 023657208 2,346,094 192,500 X 1 192,500
Cl B
American Super-
conductor Inc COMMON 030111108 98,313 2,000 X 1 2,000
Morgan Stanley
Hi Tech Index OPTION 0309839VD 356,875 50 X 1 50
Put Oct 1020.00
Morgan Stanley Hi
Tech Index OPTION 0309839VH 436,250 50 X 1 50
Put Oct 1040.00
Morgan Stanley Hi
Tech Index OPTION 0309839VL 1,037,500 100 X 1 100
Put Oct 1060.00
Morgan Stanley Hi
Tech Index OPTION 0309839VP 613,125 50 X 1 50
Put Oct 1080
Anadarko Pete
Corp COMMON 032511107 3,489,150 52,00 X 1 52,500
Analog Devices
Inc COMMON 032654105 2,068,750 25,000 X 1 25,000
Apache Corp COMMON 037411105 2,956,250 50,000 X 1 50,000
Aspect Communica-
tions Corp COMMON 04523QI02 2,691,563 130,500 X 1 130,500
Avanex Corp COMMON 05348WI09 1,313,788 12,200 X 1 12200
Azurix Corp COMMON 0550IM104 159,400 44,500 X 1 44,500
4
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Blue Rhino Corp COMMON 095811105 238,313 61,500 X 1 61,500
Bluestone Soft-
ware COMMON 09623PI02 2,884250 166,000 X 1 166,000
Brightstar Infor-
mation Tech COMMON 10947N104 571,188 247,000 X 1 247,000
Com
Broadvision Inc COMMON 111412102 449,531 17,500 X 1 17,500
CI A
Broadwing Inc COMMON 111620100 2,211,156 86,500 X 1 86,500
Business Objects
S A COMMON 12328XI07 3222,281 28,500 X 1 28,500
ADR
S & P 500 Index OPTION 12486Q9VP 118,125 25 X 1 25
Put Oct 1480.00
S & P 500 Index OPTION 12486Q9VR 550,000 100 X 1 100
Put Oct 1490.00
C-COR Electronics COMMON 125010108 1,390,375 90,800 X 1 90,800
C-Cube Microsystems
Inc - New COMMON 1250IN108 13,140,500 641,000 X 1 641,000
CMG Information
Svcs Inc COMMON 125750109 1,508,625 54,000 X 1 54,000
Cabletron Sys Inc COMMON 126920107 4,587,250 155,500 X 1 155,500
Carnival Corp CI A COMMON 143658102 3,895,675 158,200 X 1 158,200
Cobalt Group Inc COMMON 19074QI03 250,250 71,500 X 1 71,500
COMMSCOPE INC COMMON 203372107 7,869,400 321,200 X 1 321200
Commscope Inc OPTION 2033729JJ 15,000 600 X 1 600
Call Oct 50.00
Computer Network
Tech Corp COMMON 204925101 4,382,813 127,500 X 1 127,500
Continental Airls
Inc CI B COMMON 210795308 3,067,031 67,500 X 1 67,500
Corixa Corp COMMON 21887FI00 1,130,625 22,500 X 1 22,500
Corrections Corp
Of America COMMON 22025Y100 196,875 150,000 X 1 150,000
IDS Uniphase Corp OPTION 22099W9VB 337,500 200 X 1 200
Put Oct 110.00
IDS Uniphase Corp OPTION 22099W9VC 528,125 250 X 1 250
Put Oct 115.00
IDS Uniphase Corp OPTION 22099W9WT 67,210 52 X 1 52
Put Nov 100.00
Cross Timbers Oil
Co COMMON 227573102 1,084,094 56,500 X 1 56,500
Cyberian Outpost
Inc COMMON 231914102 1,210,469 317,500 X 1 317,500
Cybersource Corp COMMON 23251JI06 559,969 49,500 X 1 49,500
Diamond Offshore COMMON 25271C102 2,542,000 62,000 X 1 62,000
Diedrich Coffee
Inc COMMON 253675102 302,266 182,500 X 1 182,500
Ebt International
Inc COMMON 268248101 1,237,219 249,000 X 1 249,000
Eog Resources
5
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Inc COMMON 26875P101 1,943,750 50,000 X 1 50,000
ESPS Inc COMMON 269129102 824,813 249,000 X 1 249,000
Earthshell Corp COMMON 27032BI00 106,250 85,000 X 1 85,000
Echostar Commun
Corp New COMMON 278762109 5,697,000 108,000 X 1 108,000
Cl A
Edgar Online Inc COMMON 279765101 501,125 105,500 X 1 105,500
Amazon.Com Inc OPTION 28999W9VI 184,375 250 X 1 250
Put Oct 45.000
Eloyalty Corp COMMON 290151109 911,625 71,500 X 1 71,500
Emulex Corp COMMON 292475209 18252,500 149,000 X 1 149,000
Exodus Communica-
tions Inc COMMON 302088109 11,677,188 236,500 X 1 236,500
Extreme Networks
Inc COMMON 30226DI06 3,091,500 27,000 X 1 27,000
Street. Com OPTION 33899W9VR 613,125 75 X 1 75
Put Oct 790.00
Gartner Group Inc COMMON 366651107 1,615,875 139,000 X 1 139,000
CI A
Gemstar -Tv Guide
International COMMON 36866WI06 7,498,125 86,000 X 1 86,000
Good Guys Inc COMMON 382091106 1,015,000 145,000 X 1 145,000
Grant Prideco Inc COMMON 38821G101 1,096,875 50,000 X 1 50,000
Harcourt Gen Inc COMMON 41163GIO1 12,354,600 209,400 X 1 209,400
Harmonic Inc COMMON 413160102 1,655,497 68,979 X 1 68,979
Heartport Inc COMMON 421969106 2,905,00 929,600 X 1 929,600
NASDAQ-100 Shares OPTION 42799W9KO 80,000 200 X 1 200
NASDAQ-100 Shares OPTION 42799W9LL 875,000 1,250 X 1 1250
Call Dec 90.00
Verisign Inc OPTION 43099W9WT 157,500 75 X 1 75
Put ov 200
Yahoo Inc OPTION 43299W9VB 1,546,875 750 X 1 750
Put Oct 110
Host Marriot COMMON 44107P104 2,053,125 182,500 X 1 182,500
Hyperion Solutions
Corp COMMON 44914MI04 1,875,938 72,5,00 X 1 72,500
IGO Corp COMMON 449592104 829,125 301,500 X 1 301,500
Ingram Micro
Inc - Cl A COMMON 457153104 1,872,750 136200 X 1 136200
Integrated Telecom
Express COMMON 45817U101 166,000 8,000 X 1 8,000
Cisco Systems Inc OPTION 45999W9VL 172,500 300 X 1 300
Put Oct 60.00
Cisco Systems Inc OPTION 45999W9VM 197,500 200 X 1 200
Put Oct 65.00
Cisco Systems Inc OPTION 45999W9VN 146,250 100 X 1 100
Put Oct 70.00
12 Technologies
Inc COMMON 465754109 3,507,422 18,750 X 1 18,750
JDS Uniphase Corp COMMON 46612JI01 710,156 7,500 X 1 7,500
Jupiter Media
6
<PAGE>
Metrix Inc COMMON 48206UI0 41,824,844 114,500 X 1 114,500
Street. Corn OPTION 48999W9VD 1,067,500 100 X 1 100
Put Oct 820.00
Street. Com OPTION 48999W9VF 2,312,500 200 X 1 200
Put Oct 830.00
Street.Com OPTION 48999W9VT 892,500 100 X 1 100
Put Oct 800.00
Key Production
Company Inc COMMON 493138101 262,544 11,900 X 1 11,900
Keynote Systems
Inc COMMON 493308100 2,247,000 84,000 X 1 84,000
12 Technologies
Inc OPTION 4D599W9VO 18,975 23 X 1 23
Put Oct 175.00
12 Technologies
Inc OPTION 4D599W9VR 113,438 75 X 1 75
Put Oct 190.00
Kohls Corp OPTION 5002559VM 610,000 800 X 1 800
Put Oct 65.00
Kopin Corp COMMON 500600101 5,200,200 288,900 X 1 288,900
Krispy Kreme
Doughnuts Inc COMMON 501014104 879,375 10,500 X 1 10,500
LCA-Vision Inc COMMON 501803209 908,203 312,500 X 1 312,500
Leap Wireless COMMON 521863100 9,665,906 154,500 X 1 154,500
Legato Systems
Inc COMMON 524651106 974,219 72,500 X 1 72,500
Louis Dreyfus Nat
Gas Corp COMMON 546011107 990,625 25,000 X 1 25,000
Marimba COMMON 56781QI09 2,431,531 199,000 X 1 199,000
Mercury Inter-
active Corp COMMON 589405109 5,784,075 36,900 X 1 36,900
Micron Electronics
Inc COMMON 595100108 2,898,000 322,000 X 1 322,000
Mercury Inter-
active Corp OPTION 5C899W9WL 155,625 75 X 1 75
Put Nov 160.00
NCO GROUP INC COMMON 628858102 482,125 40,600 X 1 40,600
NTL Inc COMMON 629407107 1,644,105 35,500 X 1 35,500
Nanogenlnc COMMON 630075109 484,375 25,000 X 1 25,000
Nasdaq -
100 Shares COMMON 631100104 2,264,719 25,500 X 1 25,500
National Medical
Health Card COMMON 636918302 193,750 100,000 X 1 100,000
Neose Technologies
Inc COMMON 640522108 2,515,500 52,000 X 1 52,000
Networks Assocs
Inc COMMON 640938106 2,500,0631 110,500 X 1 110,500
Net2phone Inc COMMON 64108NI06 40,500 1,800 X 1 1,800
Netegrity Inc COMMON 6411OP107 777,000 11,100 X 1 11,100
Netsolve Inc COMMON 64115J106 837,188 117,500 X 1 117,500
Oracle Corp OPTION 64599W9VQ 112,500 150 X 1 150
7
<PAGE>
Put Oct 85.00
Newhall Land &
Farming Co Lp COMMON 651426108 3,116,400 132,500 X 1 132,500
Novell Inc COMMON 670006105 4,372,500 440,000 X 1 440,000
Optimal Robotics
Corp COMMON 68388R208 4,206,125 104,500 X 1 104,500
Papa Johns Intl
Inc COMMON 698813102 1,253,125 50,000 X 1 50,000
Parametric Tech-
nology Corp COMMON 699173100 3,664,063 335,000 X 1 335,000
Pegasus Solutions
Inc. COMMON 705906105 3,619,063 185,000 X 1 185,000
Petsmart Inc COMMON 716768106 10,898,438 2,325,000 X 1 2,325,000
Pilot Network
Services Inc COMMON 721596104 804,063 77,500 X 1 77,500
PINNACLE SYSTEMS
INC COMMON 723481107 1,226,250 109,000 X 1 109,000
PJ America Inc. COMMON 72585QI04 1,166,813 147,000 X 1 147,000
Plantronics Inc COMMON 727493108 1,330,000 35,000 X 1 35,000
Polycont Inc COMMON 73172KI04 2,879,656 43,000 X 1 43,000
Powerwave Tech-
nologies Inc COMMON 739363109 531,563 14,000 X 1 14,000
Priceline.Com Inc COMMON 741503106 1,941,563 163,500 X 1 163,500
Qualcomm Inc COMMON 747525103 10,324,125 144,900 X 1 144,900
R & B Falcon Corp COMMON 74912EI01 3,003,750 108,000 X 1 108,000
RSA Security Inc COMMON 749719100 9,979,125 231,400 X 1 231,400
Radioshack Corp COMMON 750438103 1,938,750 30,000 X 1 30,000
Regeneron Phar-
maceuticals COMMON 758861710 71,363,725 41,800 X 1 41,800
Register.Corn COMMON 75914G101 831,250 87,500 X 1 87,500
Sanmina Corp COMMON 800907107 7,246,575 77,400 X 1 77,400
Sap Ag Sponsored
Adr OPTION 8030549VM 134,375 250 X 1 250
Put Oct 65.00
Sap Ag-Sponsored
Adr OPTION 8030549VN 228,125 250 X 1 250
Put Oct 70.00
Scientific Learning
Corp COMMON 808760102 307,219 56,500 X 1 56,500
Semiconductors
Holdrs Trust OPTION 8166369WQ 506,600 340 X 1 340
Put Nov 85.00
Speechworks Inter-
national COMMON 84764MI01 155,000 2,500 X 1 2,500
Starbucks Corp COMMON 855244109 6,369,938 159,000 X 1 159,000
Storagenetworks
Inc COMMON 86211EI03 439,406 4,300 X 1 4,300
Stratos Lightwave
Inc COMMON 863100103 16,125 500 X 1 500
Sunglass Hut Intl
Inc COMMON 86736FI06 1,371,563 210,000 X 1 210,000
8
<PAGE>
Sybron Intl Corp
- Wise COMMON 87114FI06 9,873,600 411,400 X 1 411,400
Sycamore Networks
Inc COMMON 871206108 1,944,000 18,000 X 1 18,000
SYNTROLEUM CORP COMMON 871630109 1,324,375 65,000 X 1 65,000
TTM Technologies COMMON 87305R109 282,000 12,000 X 1 12,000
Tekelec COMMON 879101103 3,501,188 106,500 X 1 106,500
Sun Microsystern
Inc OPTION 88099W9KC 674,250 620 X 1 620
Call Nov 115.000
Tidewater Inc COMMON 886423102 3,617,250 79,500 X 1 79,500
Total Entrant
Restaurant Corp COMMON 89150EI00 937,344 428,500 X 1 428,500
Siebel Systems
Inc OPTION 8B599W9VC 119,000 140 X 1 140
Put Oct 115.00
Siebel Systems Inc OPTION 8B599W9VT 87,500 350 X 1 350
Put Oct 100.00
Tut Systems Inc COMMON 901103101 4,747,188 55,000 X 1 55,000
Universal Compres-
sion Hldgs COMMON 913431102 2,413,125 78,000 X 1 78,000
Usintemetworking
Inc COMMON 917311805 5,297,469 794,000 X 1 794,000
Verisign Inc COMMON 92343E102 9,115,313 45,000 X 1 45,000
Virata Corp COMMON 927646109 2,016,813 30,500 X 1 30,500
Voicestream Wire-
less Corp COMMON 928615103 2,611,406 22,500 X 1 22,500
Wackenhut COMMON 929798106 1,957,031 250,500 X 1 250,500
Weatherford Intl
Inc COMMON 947074100 1,698,500 39,500 X 1 39,500
Western Wireless
Corp COMMON 95988E204 1,157,813 32,500 X 1 32,500
Cl A
Whole Foods Mkt
Inc COMMON 966837106 3,650,750 68,000 X 1 68,000
World Heart Corp COMMON 980905103 527,969 54,500 X 1 54,500
Texas Instrs Inc OPTION 98399W9VM 1,065,000 600 X 1 600
Put Oct 65.00
Zapmel
Corporation COMMON 98912EI00 135,625 77,500 X 1 77,500
Totals: 367,890,572
</TABLE>
9
02174002.AC3
